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What do you guys think to buy now and hold it for long time? Any individual stocks or ETFs? I do not want to miss this opportunity and regret later...Please advice.
Buy S&P 500 index fund. You are virtually guaranteed at least a 50% return over the next 2-3 years. As for individual stocks, buy companies with strong balance sheets and high growth. AMZN, Apple, etc. I think anything subscription related or that makes profits on recurring subscriptions will do amazingly well. Visa, Mastercard, and the banks should thrive too. Yields will go higher eventually. Be prepared to buy and hold.
If the Dow gets to 17, I can't imagine not being up 50% or more in a year or two. If someone offered you a 50% return, wouldn't you take it? No need to get fancy here.
I saw my next ladder of buy order got satisfied a couple of minutes ago. NOW it really is very close to a matter of BUYING based on my paychecks every 2 weeks.
My simple math is I am 12% less poor had I been full equity since the high. Or another way of putting it is I got all back in 100% when the market tumbled 12%.
Buy quality stocks and index funds. A mix of SPY, SPYD, VTI, etc along with quality stocks like V, MA, BRK-B, AAPL, JPM, HD, MCD, MSFT, etc. As long as you are prepared to hold for at LEAST 5 years, you'll be good.
Last edited by treasurekidd; 03-18-2020 at 01:04 PM..
Yup. Looks to me this could go to 10,000. This country out of business for two-three months??? Right now is the time to short - inverse ETFs. I've never done it, but it's tempting.
DOG.
It's not too late. There is not a single market - America, Asia, Europe, Oil or Gold that is up today or for the last week. That should tell us something, and it is not good. https://www.marketwatch.com/
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